{"id":402349,"date":"2020-12-17T16:18:30","date_gmt":"2020-12-17T21:18:30","guid":{"rendered":"http:\/\/www.marketnewsdesk.com\/?p=402349"},"modified":"2020-12-17T16:18:30","modified_gmt":"2020-12-17T21:18:30","slug":"tcw-strategic-income-fund-announces-year-end-distribution","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/tcw-strategic-income-fund-announces-year-end-distribution\/","title":{"rendered":"TCW Strategic Income Fund Announces Year End Distribution"},"content":{"rendered":"<p>        <!--.bwalignc { text-align: center; list-style-position: inside }body {font:normal small Arial,Helvetica,sans-serif;color:#000;background-color:#fff;padding:24px;margin:0;} a img {border:0;} h3 {font-size:medium;color:#000;margin:0 0 1em 0; text-align:center;}-->  <\/p>\n<p class=\"bwalignc\"><b>TCW Strategic Income Fund Announces Year End Distribution<\/b><\/p>\n<p>LOS ANGELES&#8211;(<a href=\"http:\/\/www.businesswire.com\">BUSINESS WIRE<\/a>)&#8211;<br \/>\nTCW Strategic Income Fund, Inc. (NYSE: TSI) today announced a year-end distribution of $0.0382 per share payable to shareholders of record on December 31, 2020, with the payable date of January 8, 2021. The distribution includes $0.0382 from net investment income, $0.0000 from short-term gain, and $0.0000 from long-term capital gain.\n<\/p>\n<p>\nThe distribution is based on a policy that was approved by the Board of Directors in December 2013 which was to pay distributions out of the Fund\u2019s accumulated net investment income and\/or other sources subject to the requirements of the Investment Company Act of 1940, as amended, and Sub-chapter M of the Internal Revenue Code. The Directors will regularly monitor conditions and circumstances relating to the distribution of dividends and make such changes as they, in consultation with the Fund\u2019s portfolio managers, deem appropriate. Distribution policy is a matter of Board discretion and may be modified or terminated at any time without prior notice.\n<\/p>\n<p>\nTSI is a closed-end fund listed on the New York Stock Exchange. The Fund began operations in March 1987 and currently has net assets of approximately $280 million.\n<\/p>\n<p><b>About The TCW Group<\/b><\/p>\n<p>\nTCW is a leading global asset management firm with a broad range of products across fixed income, equities, emerging markets and alternative investments. With more than four decades of investment experience, TCW today manages approximately $235 billion in client assets. Through the MetWest Funds and TCW Funds families, TCW manages one of the largest mutual fund complexes in the U.S. TCW\u2019s clients include many of the world\u2019s largest corporate and public pension plans, financial institutions, endowments and foundations, as well as financial advisors and high net worth individuals. For more information, please visit <a rel=\"nofollow\" href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=http%3A%2F%2Fwww.tcw.com&amp;esheet=52350810&amp;newsitemid=20201217006052&amp;lan=en-US&amp;anchor=www.tcw.com&amp;index=1&amp;md5=ee4987342c62e0a9073792e156dece4d\">www.tcw.com<\/a>.\n<\/p>\n<p>\nVarious matters discussed in this news release constitute forward-looking statements within the meaning of the federal securities laws. Actual results and the timing of certain events could differ materially from those projected or contemplated by these forward-looking statements due to a number of factors, including general economic conditions, overall availability of certain types of securities for investment by the Fund, the level of volatility in the securities markets and in the share price of the Fund, and other risk factors outlined in the Fund\u2019s SEC Filings.\n<\/p>\n<p><img decoding=\"async\" alt=\"\" src=\"https:\/\/cts.businesswire.com\/ct\/CT?id=bwnews&amp;sty=20201217006052r1&amp;sid=flmnd&amp;distro=nx&amp;lang=en\" style=\"width:0;height:0\" \/><span class=\"bwct31415\" \/><\/p>\n<p id=\"mmgallerylink\"><span id=\"mmgallerylink-phrase\">View source version on businesswire.com: <\/span><span id=\"mmgallerylink-link\"><a href=\"https:\/\/www.businesswire.com\/news\/home\/20201217006052\/en\/\" rel=\"nofollow\">https:\/\/www.businesswire.com\/news\/home\/20201217006052\/en\/<\/a><\/span><\/p>\n<p><b>Investor Contact:<br \/>\n<\/b><br \/>Tel: 800-386-3829\n<\/p>\n<p><b>Media Contact:<br \/>\n<\/b><br \/>Doug Morris<br \/>\n<br \/>Head of Corporate Marketing and Communications<br \/>\n<br \/>Tel: 213-244-0509\n<\/p>\n<p><b>KEYWORDS:<\/b> California United States North America<\/p>\n<p><b>INDUSTRY KEYWORDS:<\/b> Banking Professional Services Finance<\/p>\n<p><b>MEDIA:<\/b><\/p>\n<table cellpadding=\"3\" cellspacing=\"3\">\n<tr>\n<td><font face=\"Arial\" size=\"2\"><b>Logo<\/b><\/font><\/td>\n<\/tr>\n<tr>\n<td><img decoding=\"async\" src=\"https:\/\/mms.businesswire.com\/media\/20201217006052\/en\/763613\/3\/1024px-TCW_Group_logo.svg.jpg\" alt=\"Logo\" \/><\/td>\n<\/tr>\n<tr>\n<td><font face=\"Arial\" size=\"2\"><\/font><\/td>\n<\/tr>\n<\/table>\n","protected":false},"excerpt":{"rendered":"<p>TCW Strategic Income Fund Announces Year End Distribution LOS ANGELES&#8211;(BUSINESS WIRE)&#8211; TCW Strategic Income Fund, Inc. (NYSE: TSI) today announced a year-end distribution of $0.0382 per share payable to shareholders of record on December 31, 2020, with the payable date of January 8, 2021. The distribution includes $0.0382 from net investment income, $0.0000 from short-term gain, and $0.0000 from long-term capital gain. The distribution is based on a policy that was approved by the Board of Directors in December 2013 which was to pay distributions out of the Fund\u2019s accumulated net investment income and\/or other sources subject to the requirements of the Investment Company Act of 1940, as amended, and Sub-chapter M of the Internal Revenue Code. The Directors will &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/www.marketnewsdesk.com\/index.php\/tcw-strategic-income-fund-announces-year-end-distribution\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;TCW Strategic Income Fund Announces Year End Distribution&#8221;<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-402349","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.3 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>TCW Strategic Income Fund Announces Year End Distribution - Market Newsdesk<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.marketnewsdesk.com\/index.php\/tcw-strategic-income-fund-announces-year-end-distribution\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"TCW Strategic Income Fund Announces Year End Distribution - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"TCW Strategic Income Fund Announces Year End Distribution LOS ANGELES&#8211;(BUSINESS WIRE)&#8211; TCW Strategic Income Fund, Inc. (NYSE: TSI) today announced a year-end distribution of $0.0382 per share payable to shareholders of record on December 31, 2020, with the payable date of January 8, 2021. The distribution includes $0.0382 from net investment income, $0.0000 from short-term gain, and $0.0000 from long-term capital gain. The distribution is based on a policy that was approved by the Board of Directors in December 2013 which was to pay distributions out of the Fund\u2019s accumulated net investment income and\/or other sources subject to the requirements of the Investment Company Act of 1940, as amended, and Sub-chapter M of the Internal Revenue Code. 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